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FDIC Federal Register Citations

[April 25, 1997 (Volume 62, Number 80)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[Page 22654]
 
Part LI
 
Federal Deposit Insurance Corporation
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FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)          Completed Actions
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4108. ELIGIBILITY FOR DEPOSIT INSURANCE; BEING ENGAGED IN THE BUSINESS 
OF RECEIVING DEPOSITS OTHER THAN TRUST FUNDS AND RELATED ITEMS


Priority:  Substantive, Nonsignificant
Legal Authority:  12 USC 1815; 12 USC 1819
CFR Citation:  12 CFR ch III
Legal Deadline: None
Abstract: The FDIC has never defined by way of regulation or policy 
statement what constitutes being ``engaged in the business of receiving 
deposits other than trust funds.'' The FDIC was considering a 
rulemaking to do that, but the staff review concluded that no amendment 
is needed at this time.
Timetable:
________________________________________________________________________
Action                            Date                      FR Cite
________________________________________________________________________
End Review                      02/05/97
Small Entities Affected: None
Government Levels Affected: None
Agency Contact: Mark Mellon, Counsel, Legal Division, Federal Deposit 
Insurance Corporation, Washington, DC 20429
Phone: 202 898-3854
RIN: 3064-AB40
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Last Updated 04/25/1997 regs@fdic.gov

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